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TELCO ELECTRONICS A/S: Financial statements 2023

CVR: 87255816

Source: annual report 2023, Danish Business Authority

01/05/2022 – 30/04/2023

TELCO ELECTRONICS A/S (CVR 87255816) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 58,101,474 and a net result of DKK 18,682,237 compared with DKK 30,536,114 the year before. That is a decrease of 23.9% compared with the year before. Equity in the 2023 report amounted to DKK 60,050,656. The solvency ratio was 67.7%. The company had 73 employees in the financial year.

Gross Profit
DKK 58,101,474
Profit/Loss
DKK 18,682,237
Equity
DKK 60,050,656
Total Assets
DKK 88,676,782
Employees
73

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2023-58.1 mio.18.7 mio.60.1 mio.73
2022-76.4 mio.30.5 mio.66.2 mio.79
2021-45.8 mio.12.5 mio.48 mio.73
2020-50.9 mio.14.5 mio.47.4 mio.79
2019-51.2 mio.16.5 mio.50.8 mio.80

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About TELCO ELECTRONICS A/S

TELCO ELECTRONICS A/S is a Danish company of the type Aktieselskab based in Brovst, founded in 1979. The company is registered under the industry Fremstilling af elektroniske komponenter. The management consists of Mikael Larsen. The board consists of Steen Andreasen (chair), Lene Nilsson and Phillip Emanuel Jensen. The company is owned by TELCO A/S. The company has 82 employees (2018). In 2025, the company reported a gross profit of DKK 67,776,286 and a net result of DKK 19,348,131 compared with DKK 12,199,008 the year before. Equity in the 2025 report amounted to DKK 69,109,892.

Source: annual report 2025, Danish Business Authority